The government of Khyber Pakhtunkhwa has announced that it is considering the construction of Dir and D.I. Khan Motorways on a public-private-partnership (PPP) basis. The announcement was made in the White Paper on KP Budget for financial year 2022-23.
The provincial government of Khyber Pakhtunkhwa has completed the construction of the 82-kilometer Swat Motorway Phase-I through a public-private partnership (PPP) model. The project has cost Rs.34.165 billion. The project has a concession period of 25 years, after which the asset will be handed over to the government of KP. Currently, the government has awarded the construction of Swat Motorway Phase 2 at a cost of Rs.36.404 billion. It runs from Chakdara to Fatehpur and has a length of 80 kilometers.
The construction work will commence once the project reaches its financial close and the Viability Gap Fund (VGF) is provided to make the project financially viable.
The Motorway Directorate has estimated the cost of the Dir Motorway at Rs.36.00 billion, with a length of 24.4 kilometers. The D.I. Khan Motorway, with a length of 360 kilometers, is estimated to cost Rs.260 billion. The Government of Khyber Pakhtunkhwa will provide land for both projects. The Government of KP is also considering the development of tourism sites such as Hund (Swabi), Ghanool (Mansehra), Madaklasht (Chitral), Mankial (Swat), and Thandiani (Abbottabad).
Originally Published at Business Recorder
